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20121201
20121231
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Search Results 0 to 29 of about 30 (some duplicates have been removed)
counterterrorism, and then the u.s. ambassador to china, gary locke, on the relationship between the two countries. >> our first experience was to come in a different way than every other family up here. probably never happen again in history. and it's interesting because after dad was sworn in, we went and took a picture, photo of the family, behind the oval office desk, and that night we didn't get to move into the white house because nixon had left so quickly, so unexpectedly, they left their daughter and son-in-law, david eisenhower, to pack all their clothes and belongings. it literally took seven or eight days. we had to go back to our little house in alexandria, virginia, suburbia, the neighborhood was surrounded by secret service. we had been living there dad was vice president. and i'll never forget. that night mom is cooking dinner. literally, we're sitting around the dinner table, and mom is cooking dinner, and she looked over at my dad and goes, gerry, something is wrong here. you just became president of the united states and i'm still cooking. >> steve ford, linda johnson robb, and j
's turn to the global economy. associated press reporting that china has surpassed the u.s. as the leading trade partner. this comes as china announces the inflation rate rose 2% one month alone. sign of an economy gaining strength. what does it mean? brenda buttner, anchor of "bulls and bears." i was reading this article where shoppers in beijing have seen the prices of vegetables double in one week alone. inflation is a problem over there. what is causing it? >> basically it's not a bad problem, it's growth. china has numbers we can only dream of, growth of about 8%, we're below 2%. their factory output was up 10%. retail sales, 15%. so it is basically growth driven not supply side driven which is the kind of inflation you want to see. it's only 2%, that is well below the target of 4% is. it came down from 6.7%. >> gregg: so it's an issue not really a problem and outweighed by the huge growth. how does the inflation american consumers if at all? >> we buy a lot from china. it may be that some of the input may be more expensive. we may have to pay more, but it's more that china is becomin
for its missile program in china. we know they buy things for their gas centrifuge program in china. some things are made in germany. probably made in the u.s. china has been a major gap in this whole system. on sanctions and north korea could face tougher action from china might constrict some of its ability to buy things that it absolutely needs for its nuclear programs. jon: you think it is likely american-made technology is helping north korea with its missile program? >> could be. i don't know the missile program nearly as well as the nuclear but what north korea does, it uses china a sense as a transshipment point because many companies, high-tech companies from america, from europe, have subsidiaries in china, selling to chinese industries and trading companies. north korea works that system very well to end up with those kinds of high-tech items from outside china. and so while i can't speak specifically on the missile program i certainly can on the nuclear and yes, indeed, north korea buys european high-tech equipment and likely u.s. equipment. so it's a problem. china has been m
chrysler to italians who are going to build jeeps in china. strangers and ignoring our friends. the chill of peppermint. the rich dark chocolate. york peppermint pattie get the sensation. >> cenk: politico is a fact-checking organization and they've been doing something over the last couple of years "the lie of year." >> obama: took g.m. and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. >> cenk: oh, my god, they're moving all the jeep jobs to china. then the ceo put out a statement. i feel obliged to state our position. jeep production will not be used tofrom the united states to children. it is inaccurate to suggest anything different. they knew it wasn't true, and even after this statement mitt romney kept saying over and over again, they're going to move all the jeep jobs to china. can you believe it? so that wound up being lie of the year for political fact. they asked readers to pick out the top lies of the year. the top five. here's the first one. >> what we now have is the biggest tax increase in the history of the world. obama-care
to bangladesh. they used to produce a lot in china. they've decide wages are too high in china. they moved toward bangladesh which has the world's lowest minimum wage for a country that does serious manufacturing about $37 a month. and walmart sears other countries look to bangladesh because they want to produce apparel at the very lowest cost and they're worried if they invest a lot more in, say in wages or fire safety, that might force them to pay $5 a shirt rather than $4 a shirt and they worry that will make them competitive. my sense is having to talk to experts is western companies import about $18 billion worth of apparel each year from bangladesh and it might cost a billion or $2 billion to get several thousand apparel factories in shape to prevent fires, to provide fire escapes to provide good, safe stairways for people to come down. and i think the thinking is that might raise the price of apparel by 2%, 3%, which wouldn't kill us if we have to pay 50 cents more for a $20 shirt. >> jennifer: that's the iss
. if you look at the facts, 32% of our manufacturing base has been gutted and sold to china, india, any foreign country that has cheap labor. the top patriotic american companies are parking their profits and offshore accounts so they do not have to pay a fair share of their taxes. the bottom line is since the late '70s, the wealthiest 2% in this country are making 25 times their wealth that they made a black -- back then. there are only paying 40% more in taxes. this country is doomed if we do not start putting terrace of the imports coming into this country. the republican party is selling you an outright lie. thank you. host: let's show you a facebook posting. the economist and professor at the university of maryland will be with us and about 25 minutes or so. he will take your calls and give you his economic outlook for 2013. he has written a lot on the matter. from west virginia, independent. caller: is, sir. i would just like to say that i am not very optimistic above the future of the united states right now. we are in so much that it is pathetic. our budget is way over. this pre
it over the last 8 years is to take out a credit card from the bank of china in the name of our children, driving up our national debt from $5 trillion from the first 42 presidents, number 43 ed a $4 trillion by his lonesome so we now have over $9 trillion of debt that we're going to have to pay back. $30,000 for every man, woman and child. that's irresponsible. it's unpatriotic. >> so, unpatriotic. >> the hypocrite in chief says in 2008 that 5 from is unpatriotic but now we're up to $16.4 trillion. that's okay. by the way we move my credit card limits. he doesn't want a debt ceiling going forward. >> debt ceiling no more can congress deal when the president says we're going to raise the debt ceiling. no squabbles back and forth. >> let me get this straight. borrow $4.8 billion a day and now we're coming to the edge ever the fiscal cliff. republicans are saying hey, let's continue the bush tax cuts, let's make this fair for everyone but let's stop spending. we are spending more than we have. democrats are saying now they are saying it doesn't matter, we are not focused on the deficit any
an originator of new kinds of policies. if you take, for example, china policy i think that he may be reluctant to react to a china which is very different from the way it was in the past. >> brown: let me bring david ignatius back. i guess it depends on what you think is needed right now, right? >> i think the world's a mess as kerry believes. he's right. and needs a strong american voice. needs the sort of steady hand that some of these experiences can bring. i point i would make about kerry is that although he often comes across as a stiff, as an establishment figure very form layic, in terms of shall ideas an willness-- willingness to engage adversaries, reach out and try to find a channel to iran, for example, reach out to the palestinians, try to think of new ways to deal with the arab world, kerry is on the more innovative side. so i think he is not going to be a wild radical-- the country will miss having someone like susan rice who is a younger, different voice. but i think that kerry-- it's wrong to think of kerry of just being a throwback to 30 years ago. >> brown: is it clear still
or the executive branch can nullify a statute passed by congress. >>> no secret china is coming on strong as a global power. but a new u.s. intelligence report predicts how far and fast china will move. >> the national intelligence council says by 2030, just 17 years from now, china will likely have passed the u.s. to become the world's largest economy. the report says that overall, asia will top north america and europe with population, military spending and investing in technology. >> and one of the bright spots for the u.s., we are expected to become energy independent and the world's largest exporter by the year 2030. people talk about china and their booming economy over there, and this quantifies just how fast they are coming on. pretty amazing. >> the world's population is projected to rise to 8.3 billion from 7.1 billion. and demand for food will go up 35%, and demand for water, 40% more than current water supplies, making water a likely cause of regional conflict, particularly in south asia and the middle east. water and food. there's not going to be enough for us. >> what a brig
deal, it will be one of the largest ever by chinese investors. china's state owned oil giant c-nook swooped in to acquire nexen for a cool $15 billion. note to the obama administration, it is not happening in a bubble. last year you'll recall the obama administration put off a decision on the excel pipeline, an extension of a pipeline that would connect the oil in alberta to the gulf of mexico and international markets. the democrats killed it because of concerns from environmentalists. the proposed route crossed the aquifer in nebraska and white house and state department officials could have just insisted on rerouting the pipe, but they didn't. a bad move, one that was highly thought to play to the president's base. now that the elections are over, a review of a new route will begin sometime next year. the leakages of that pipe were a minor concern, though it got all the headlines. a more legitimate environmental concern is carbon emissions. processing crude that is mined from the oil sands emits double the emissions of regular drilled oil. but oil sands still -- that still s
of bermuda. >> reporter: they can take it to singapore or china. it doesn't to come back to america. there is no law which says if you make money overseas it must come back here. megyn: now they are getting upset overseas. the french tax authority removed computer files in italy. the tax police searched the come numbers milan offices. they say they don't believe they are paying their fair share of tax. that may or may not be true. but if it's legal how much can they do? >> reporter: it's perfectly legal. they investigated various companies and put pressure object them from a public relations standpoint. starbucks, for example, they weren't forced to hand over money but they were pressured into making a special payment of $10 million pounds, $16 million to the british chancellor of the exchequer. they did it for good p.r. maybe something similar will happen with google. they don't have to pay. they have done perfectly legal stuff. megyn: he reportedly turned down being treasury secretary, or the new secretary of business. he says it's called capitalism. we are proud to be capitalisti
in paying taxes. we should be talking about rebuilding america's infrastructure, china has gone ahead with high-speed trains and massive investment in infrastructure. instead, we're back to the same old arguments about taxes and spending without really looking at what we're spending. we just passed the national defense authorization act the other day, another $560 billion just for one year for the war machine. so we're focused on whether or not we will cut domestic programs now? are you kidding me? >> congressman, the recent election was seen by many as a mandate from the electorate to finally be able to tax the wealthiest americans, to deal with some of the deficit. your sense of whether president obama and your fellow democrats in the senate and house will stay the course on this or will eventually compromise in a way that many progressives would regret? >> first of all, we have a divided government. president obama's election said one message, the election of republican house of representatives since another. the actually, working at odds here. you have republicans who will not rai
then? >> what are you going to do? you need another source of income. >> steve: call china! >> can we borrow more? you're already going to raise the medicare tax to help pay for obamacare. you're already raising the tax on some drugs to pay for it. what are you going to do now? if you don't get the medical device tax through, and you don't get the $29 billion, what are you going to do? you're right, steve. call china, let's borrow more. >> steve: so many people are fixated on the fiscal cliff and the president wants to jack up taxes on people who are successful. up to maybe about 40%. that's one of the theories out there. he'd love 40%. but a lot of people forget about the medical device tax, plus all the obamacare taxes already baked into the equation. >> it's a tax here, a tax there, a fee there, a fee here, everything goes up. medical care gets more expensive. not less expensive. >> steve: he talks about money. he talks about politics. he talks about all sorts of stuff on fox business, 9:20 eastern time. the great stuart varney, thanks for dropping by. >> thank you. >> steve: all r
, the world's second largest apparel exporter after china. it's growing very fast largely because it has the lowest minimum wage of any country that's really exporting apparel to any sizable degree. $37 a month is the minimum wage there. >> sreenivasan: you also pointed to over the weekend a more devastating fire in pakistan. it's kind of started to lead to this maze of contractors and subcontractors. that seems to be standard operating business where an american company could be well intentioned but ultimately they don't know who is actually producing what's on the ground. >> i've written several articles on these fires with my colleagues. we found that time after time the retailers, the subcontractors, they're all asserting we didn't know about it. we didn't know that subcontractors of the subcontractors we're using at these plants. they say you can't blame us. i think many people call that plausible deniability. a lot of labor rights groups are saying retailers, subcontractors, you have to step up to the plate. you have to make sure that these fability er toes are safe. you can't blam
with nerve gas. that's not a good place for even russia and china to be at the end of the day, jon. jon: want to turn your attention to pearl harbor day, general. it is, it is upon us again. i just wanted to get your thoughts on this day. >> you know, in a way we can look at pearl harbor as a sort of cautionary tale, jon. over the last 70 or 80 years, this nation has almost always been surprised by our enemies, whether it's nerve, pearl harbor and the other various -- korea, all the various wars we've gone to. and as a nation what's important here is to prevent wars by being prepared for wars. and not to try to pick any particular region of the world to anticipate when, where, how and why a conflict will be started. we're not very good at that as a nation, jon. jon: let's hope we can learn. general bob scales, good to have you on. >> thank you, jon. heather: we are getting a new snapshot of the health of the economy right now. according to the labor department, unemployment fell to 7.7% in november after adding 146,000 jobs last month. but the dip in the jobless rate due mostly to the fact th
. >>> researchers in china found a way to create blood cells using urine. researchers hope to one day use the new technique to treat diseases such as alzheimer's and parkinson's. >>> san francisco renters could soon find out ahead of time if they will be living next door to smokers. san francisco's board of supervisors could soon require landlords to give potential tenants a list of apartments where smoking is allowed. a city committee approved a plan and the board is expected -- board is expected to vote on it next ban. >>> 7:23. where is the smartest city in north america? one website says san francisco is the second smartest city. san francisco has a lining entrepreneurial economy -- this rhining entrepreneur economy, the report says, but they say it is near colleges and universities. behind san francisco are seattle and vancouver. >>> 7:23. we want to check in with sal. see what's happening on the roads. sal? >> yeah. boston has harvard. >> right. >> let's take a look at what we have. it's cambridge, technically. but you know what i mean. southbound 880, we have slow traffic. we also have slo
he came from, back to china, but his home country, our good old buddies, the chinese, refused to take him back. they didn't want him, and so they stalled and stalled and stalled, and over those three years of chinese stalling and gave him the run-around, chen was eventually free and free to kill and kill he did. mr. speaker, this tragedy is not an isolated phenomena. flafflet, other americans have died as a result -- unfortunately, other americans have died as a result of a gaping hole in the immigration system. it's no secret that everybody believes our immigration system is broken. fixing it down the road will be complex and complicated, but there's some things we can do about immigration right now to fix specific problems and here's one of these. currently, mr. speaker, thousands of criminal aliens are in our country, just like chen, that have committed a crime, gone to prison, our immigration worked to order them deported but their country won't take them back. they refuse to do so, so those countries stall and delay and eventually never take back their outlaws. so by law when the
at this hour's hot shots. wisconsin, a cnn ireporter takes a picture of snow-covered trees. >>> in china, christmas tr ornaments are on display. in florida, packages are shipped on what they expect to be the busiest day of the year. and in japan, monkeys cuddle together in the snow. hot shots, pictures from around the world. >> those monkeys in japan, not the only monkeys in the news today. jeanne moos has proof that nothing perks up a hum drum shopping day like a monkey in a fancy coat. >> you go to ikea expecting cheap furniture. >> this is so bizarre. why is there a monkey at ikea. >> there he was running around in an outfit that freaked everyone out. >> it's faux fur, not a shearli shearling. >> double breasted, no less. the tweets started to fly. anyone lose their monkey at ikea? actually, yeah. the owner was shopping inside the store when monkey managed to get out of his crate and then out of the car. >> all the people were trying to, like, call it towards them, but it was very scared. it was darting all over the place. they were trying to get it away from cars. >> his diaper only
Search Results 0 to 29 of about 30 (some duplicates have been removed)